The credit union invites members and non-members to shop for a new or used car this Saturday and Sunday.
San Jose, CA (October 6, 2010) — Technology Credit Union will hold its annual Autumn Harvest Car Sale this weekend for members of the credit union along with others in the community who are interested in purchasing a vehicle at low credit union interest rates.
The sale will be held on Saturday and Sunday at the credit union’s San Jose Financial Center (see details below). Individuals can choose from a large selection of imported, domestic, luxury, and fuel-efficient vehicles—all at special credit union sale prices. They will also be able to purchase and finance their vehicle on-site and receive extra rate discounts.
According to Bankrate.com, credit union auto loan rates are 1 percent to 2 percent lower on average than conventional banks. The most recent loan rates provided by the National Association of Federal Credit Unions in cooperation with DataTrac Corp. show that the average interest rate in California for a new car loan of 48 months was 4.55% for credit unions and 5.62% for banks. The average interest rate for a used car loan of 48 months was 4.63% for credit unions and 6.20% for banks. These rates are current as of October 6, 2010.
Technology Credit Union auto loan rates continue to prove one of the best options for consumers. Anyone who lives, works, goes to school, or regularly worships in Santa Clara County, Alameda County, Contra Costa County, San Mateo County, San Francisco County, or Santa Cruz County can become a member of the credit union.
Autumn Harvest Car Sale Details
Time:Saturday, October 9 from 9:00 a.m.-6:00 p.m.Sunday, October 10 from 10:00 a.m.-5:00 p.m.
Location:San Jose Financial Center2010 N. First St. (at Brokaw)San Jose, 95131
ABOUT TECHNOLOGY CREDIT UNION
Founded in 1960 by the employees of Fairchild Camera and Instrument Semiconductor Division, Technology Credit Union has served the high tech workforce in Silicon Valley for 50 years. Today, Tech CU has extended its membership benefits to small businesses and individuals who live and work in the greater Bay Area. The credit union is recognized as one of the best-managed and strongest financial institutions in the country, as indicated by its 5-star rating from Bauer Financial, the nation’s largest independent rating service for banks and credit unions. Tech CU’s 76,000 members have access to 60,000 surcharge-free ATMs nationwide, online and mobile banking, 9 full-service branches in the Bay Area, and comprehensive wealth management and small business services.
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